Friday, June 30, 2017 9:34:14 AM
http://www.marketwired.com/press-release/lifeline-biotechnologies-updates-pinksheets-llbo-2224617.htm
- Our stake in Cyrcadia Inc in now 45%, so LLBO should rise to a minimum of $0.0045
- Now is Cyrcadia Asia that will own the mobile technology that will be licensed to Cyrcadia Inc.
- Cyrcadia Inc has raised money at $1/share
- Cyrcadia Inc has now a stake of Cyrcadia Asia not specified, which means that we also own nearly 50% of that stake.
- Cyrcadia Asia will pay for part of the annual administrative costs of Cyrcadia / going forward?.
- The iTbra will have new sensors that locate the cancer cells. This is a great improvement because mammography in dense tissue are blind
- The trial is not completed but results are great.
- Cyrcadia Inc has not yet applied for FDA Class I and CE Mark clearance
- The sales in the US and Europe should start Q42017 or Q12018, possibly through hospital using the current FDA clearance and waiting for the OTC Class I approval.
- The Detected movie may not be finished
- Now the LLBO value is directly linked to the Cyrcadia Inc milestones and the price at which they raise future money.
JMO
Disclaimer: This information is only my opinion and should not be considered as an advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments.
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